Gresham House Energy Storage Fund PLC (LSE: GRID) is to announce a dividend of 1.75p per Ordinary Share for the period from 1 April 2021 to 30 June 2021. The dividend will be paid on 30 July 2021 to Shareholders on the register as at the close of business on 9 July 2021. The ex-dividend date is 8 July 2021.
Any such dividend payment to Shareholders may take the form of either dividend income or "qualifying interest income" which may be designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investment trusts. Of this dividend declared of 1.75 pence per Ordinary Share, 0.75 pence is declared as dividend income with 1.00 pence treated as qualifying interest income.